1/18: Unrelated: GE to layoff 900 in Bloomington
January 19, 2008
General Electric refrigeration plant looks busy as usual. But by the end of 2009, the parking lot could be empty, the trucks will have dropped off their last load, and the gates could be closed for good.
Thursday, the company announced they are intending to close the Bloomington location. This announcement comes after GE reports a $45 million loss in 2007. Officials say profits this year aren’t expected to be any better. However, for the nearly 900 employees, all they know is they’re probably out of a job.
Entry Filed under: Manufacturing. Tags: Bloomington, GE, General Electric, layoffs, Mortgage, recession, Subprime.
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